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Author Topic: New beginnings - 25% Truth, 80% Bollocks  (Read 2781296 times)
Bob's Orange
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« Reply #9435 on: Friday, December 15, 2023, 10:15:11 »

But they didn’t withhold the information, they informed companies house.

The problem appears to be that nobody in the organisation knows how to run a football club and therefore neglected to tell the EFL.


I’m assuming that Clem got the notification done through Axis company admin, as even Rob Angus (who would have been CEO at the time) didn’t know about it.

Potato, Potato really. The rules are that the EFL have to be notified and the fact of the matter is they weren't, so technically the information was withheld. There are many ways of looking at things, but surely to goodness someone at the football club knew that this would come out in the wash.
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
tans
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« Reply #9436 on: Friday, December 15, 2023, 10:16:03 »

https://truststfc.com/2023/12/15/trust-board-further-update-on-club-accounts-review/
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Bob's Orange
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« Reply #9437 on: Friday, December 15, 2023, 10:17:59 »

Oh good.

This charge alone isn't a panic stations charge IMO.

Care to speculate what is coming. Got to be Power/Ownership related if anything right?

Sorry I didn't word that very well. What I was trying to say was it's clear (although i'm sure some doubt the credentials) that Cowley has an idea of what is happening (I don't) and therefore we should expect further indiscretions to come out and bite us in the arse.

I'm curious as to what the points deductions might be for, knowing us some kind of weird third party ownership setup done in the background or something. (again - this is a finger in the air guess, I know nothing)
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
Mooneyraker

« Reply #9438 on: Friday, December 15, 2023, 10:20:28 »


Sounds positive to be fair but won't that just be the last financial year's accounts, ie as required by Companies House? 22/23 rather than 23/24, where the problems seem to lie.

They spelt Annabela's name wrong but hey...

Didn't realise she was another Axis 'hire'.
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Bogus Dave
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« Reply #9439 on: Friday, December 15, 2023, 10:20:45 »

That trust statement is fucking shambolic

More toothless than an incredibly toothless thing. A sham. A fraudulent organisation that rolls over and has its tummy tickled at the first opportunity
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Nemo
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« Reply #9440 on: Friday, December 15, 2023, 10:23:02 »


Hmm. Not sure that was quite what was pitched initially. Will see what comes of it before getting too exercised, but not having that this alone is a big breakthrough in accountability.
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welshred

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« Reply #9441 on: Friday, December 15, 2023, 10:23:05 »


Is it just me or is this total bollocks and nowhere near the level of detail we were hoping for?
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Peter Venkman
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« Reply #9442 on: Friday, December 15, 2023, 10:23:26 »

Aaah, that's brightened my day. it reminds me of the time I was stood in a garden flapping my arms wildly and hollering to discourage (train) a juvenile not to try and "fly" over the 6ft fence.
Thats a mental image that will never leave me now.
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We travel over England
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The Million Pound Man

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« Reply #9443 on: Friday, December 15, 2023, 10:23:31 »

what did they see?

are they satisfied with it? should we be concerned? does it add up?


FFS, awful update.
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Mooneyraker

« Reply #9444 on: Friday, December 15, 2023, 10:24:08 »

Goalposts definitely moved, that's for sure.
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welshred

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« Reply #9445 on: Friday, December 15, 2023, 10:24:57 »

Is it just me or is this total bollocks and nowhere near the level of detail we were hoping for?

Oh, I see that Trust update was posted by James fucking Spencer. Great. He seems super legit.
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Bogus Dave
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« Reply #9446 on: Friday, December 15, 2023, 10:25:09 »

They went from wanting their management accountant to get under the skin to present a ‘clear analysis of the clubs finances’ to their members

To saying ‘yes we’ve seen the numbers and the club will write an exec summary’

If you think that the compromise they’ve landed on would result in a more honest appraisal than a (what should have been) independent appraisal by the trust then I’ve some magic beans to sell you
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Nemo
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« Reply #9447 on: Friday, December 15, 2023, 10:25:51 »

Oh, I see that Trust update was posted by James fucking Spencer. Great. He seems super legit.

He's just the webmaster, his name is on every article because it's him literally pressing post, it's not meant to reflect his 100% authorship (for example, his name is on every Dan the Fan column).
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welshred

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« Reply #9448 on: Friday, December 15, 2023, 10:27:13 »

He's just the webmaster, his name is on every article because it's him literally pressing post, it's not meant to reflect his 100% authorship (for example, his name is on every Dan the Fan column).

OK. I still don't understand how anyone at the Trust would think this is an acceptable update?!
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BenTheRed

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« Reply #9449 on: Friday, December 15, 2023, 10:28:37 »

Trust Statement is a disgrace - how are they not reading the room
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